Cream (CRM) Down 0.51% Saturday: What's Next?

Saturday, January 15, 2022 05:04 PM | InvestorsObserver Analysts

Cream (CRM) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has fallen 51.39% to $0.0003353136474.

InvestorsObserver is giving Cream a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cream!

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Highly Volatile

InvestorsObserver gives Cream a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. CRM's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

Cream price is in a favorable position going forward. With support near $0.000110778220443065 and resistance at $0.000641249634537856. This leaves Cream with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.